Ohio State University
- USA, Columbus
- # 34 US NEWS Ranking by subject
- Course Official Website
Economics answers questions like these, but economics is far broader than you might have guessed. Sure, we study inequality and exchange rates, but we also offer courses on when and why people decide to get married and underground economie.Economics is a social science that strives to understand how goods and services are produced, distributed, and consumed, both by individuals and companies. By understanding these things, you can make well-informed decisions.Economists develop theories to explain how components of the economy operate and interact with one another. They then gather data to understand the relationships among the various aspects of the economy. Based on these findings, economists predict how people and companies will respond to policy changes and external forces. These predictions, in turn, help guide private and public decision-makers to form appropriate policies.